Growth Investment Based on Increased Operating Cash Flow and a Sound Financial Position
First written in FY2018. 6 of 13 entries say "Advanced", first in FY2020-Q2. Latest entry: FY2026.
Daikoku Denki moved to the "Worse" side of this theme in 2020, 1 year before the typical company in this theme (2021).
The whole theme swung hardest in 2020: 6 of 30 companies on the "Worse" side.
12 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「The Group’s total capital investment during the fiscal year ending March 2026 was ¥2,702 million.」
In line with its growth investment policy for existing and new businesses, the company invested in software for products and services, game development, and fixed assets related to Hakone Glass no Mori, among other areas. - FY2025AdvancedAnnual report
「The Group’s total capital investment during the fiscal year ended March 2025 was ¥5,876 million.」
In line with its growth investment policy for existing and new businesses, the company invested in product software, pachislot development and production equipment, and fixed assets related to Hakone Glass no Mori, among other areas. - FY2025-H1AdvancedAnnual report
「The company aims to expand into new business areas through M&A. Having determined that using the expertise of 西本産業株式会社 would enable the Group to achieve sustained medium- to long-term growth and further enhance corporate value, the company decided to acquire the shares.」
In line with its policy of expanding into new business areas through M&A, the company acquired shares in companies including 西本産業株式会社. - FY2024AdvancedAnnual report
「The Group’s total capital investment during the fiscal year ended March 2024 was ¥2,234 million.」
Against a backdrop of increased operating cash flow and a sound financial position, the company invested in product software and development and production equipment for pachislot machines. - FY2024-Q2AdvancedAnnual report
「Funds used in investing activities amounted to ¥927 million, an increase of ¥356 million from the same period of the previous year. The main factors were the acquisition of shares in a subsidiary involving a change in the scope of consolidation to strengthen development capabilities, and expenditures for property, plant and equipment, including production equipment for card units acquired in the previous fiscal year.」
The company carried out growth investments through the acquisition of shares in a subsidiary to strengthen development capabilities and expenditures on production equipment for card units. - FY2022Investment scheduled to resume in the futureAnnual report
「Taking into account the impact of COVID-19, which had been spreading for an extended period since around February 2020, the company plans to review the development schedule for the following consolidated fiscal year as appropriate, begin with projects of higher importance, and resume future investments.」
While continuing to restrain investment in light of the pandemic, the company indicated that it plans to begin with higher-priority projects in the following consolidated fiscal year and resume future investments. - FY2022-Q2SoftenedAnnual report
「Total assets at the end of the current second-quarter cumulative period decreased by ¥2,167 million from the end of the previous consolidated fiscal year to ¥38,917 million. This was due to decreases in merchandise and products resulting from the inability to conduct normal operating activities amid the prolonged impact of COVID-19, as well as a review of procurement plans and a review of plans to acquire fixed assets in light of the uncertainty surrounding the impact of COVID-19, which resulted in decreases in property, plant and equipment and intangible assets partly due to depreciation and amortization.」
In light of the uncertainty surrounding the impact of the pandemic, the company reviewed its procurement and fixed-asset acquisition plans, resulting in decreases in total assets and fixed assets. The restrained investment stance has continued in contrast to the policy of active capital investment based on a sound financial position. - FY2021SoftenedAnnual report
「During the current consolidated fiscal year, the company refrained from making capital investments and other expenditures because the impact of COVID-19 remained uncertain.」
Against the medium-term policy of actively investing in existing and new businesses, the company refrained from making major capital investments during the current fiscal year in light of the uncertainty surrounding the pandemic. - FY2021-Q3SoftenedAnnual report
「In addition, in light of concerns about a resurgence of COVID-19 infections, the Company restrained major capital investment. As a result, among other factors, depreciation exceeded additions to property, plant and equipment, and total assets decreased by ¥2,029 million from the end of the previous fiscal year to ¥4,067.2 million.」
In light of concerns about a resurgence of the pandemic, the company refrained from making major capital investments, and the direction of actively investing in existing and new businesses was described as having weakened during the quarter. - FY2021-Q2SoftenedAnnual report
「In light of the uncertainty surrounding the impact of COVID-19, the company reviewed its plans for capital investment and other measures. As a result of the decrease in property, plant and equipment and intangible assets due partly to substantial depreciation and amortization, total assets decreased by ¥2,416 million from the end of the previous consolidated fiscal year to ¥40,285 million.」
Given the uncertainty surrounding the impact of the pandemic, the company reviewed its capital investment plans, resulting in a decrease in property, plant and equipment and intangible assets. Compared with the policy of actively investing in existing and new businesses, the description indicates a weaker investment stance during the quarter. - FY2020-Q2AdvancedAnnual report
「Cash and cash equivalents (hereinafter, “funds”) used in operating activities amounted to ¥231 million in the previous second-quarter cumulative period (hereinafter, the “same period of the previous year”), compared with funds provided of ¥3,834 million in the current second-quarter cumulative period. The main factors included an increase in profit before income taxes, a decrease in inventories resulting from improved inventory management, and a change in trade payables from a decrease to an increase.」
Operating cash flow changed from an outflow in the same period of the previous year to an inflow, showing numerical improvement in line with the growth investment policy based on a sound financial position, driven partly by improved inventory management. - FY2019RestatedAnnual report
「As its medium-term direction, the Group believes that sustained business growth will result from increasing operating cash flow by improving profitability from operating activities, maintaining a sound financial position, and actively investing appropriately and as necessary in capital expenditures for existing and new businesses.」
The company has reaffirmed its medium-term policy of combining increased operating cash flow, a sound financial position, and capital investment in existing and new businesses. - FY2018First statedAnnual report
「As its medium-term direction, the Group believes that sustained business growth will result from increasing operating cash flow by improving profitability from operating activities, maintaining a sound financial position, and actively investing appropriately and as necessary in capital expenditures for existing and new businesses.」
The company has indicated its medium-term direction of increasing operating cash flow and investing in capital expenditures for existing and new businesses while maintaining a sound financial position.